Video above published Apr 17, 2017, by L2inc.com: Scott Galloway speaks at L2’s Amazon Clinic about how Amazon is disrupting retail. Not only has Amazon changed consumer shopping habits, it has changed the relationship between shareholders and investors. Investors are no longer satisfied with steadily growing profits; instead they seek fast growth and strong vision – even at the expense of profitability. See video for insights on the future of brand, Alexa’s effect on households. See also: I’m in Awe of How Fast Brick-and-Mortar Retail is Melting Down | Wolf Street.com and The Global Impact of Amazon's Whole Foods Acquisition (videos) | DomainMondo.com.
"Amazon expects to reduce headcount and change inventory to lower prices and make Whole Foods competitive with Wal-Mart Stores Inc. and other big-box retailers, according to a person with knowledge of the company’s grocery plans. That included potentially using technology to eliminate cashiers. An Amazon spokesman denied any job cuts were planned."--Bloomberg.com
Source: Statista Apr 10, 2017
Source: Statista, Feb 22, 2017
Source Statista Feb 22, 2017Transcript:
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